Walmart Bought a Finance App and Reduced Fraud Protections. Guess What Happened Next? ( www.propublica.org )
One Finance was plagued by fraud and customer dissatisfaction after a Walmart-controlled partnership acquired it in 2022. As Walmart began touting One to employees and others, the “neobank” — as such ultraconvenient, lightly regulated apps are called — weakened user security and outsourced customer support. Con artists...
